The Federal Energy Regulatory Commission on July 25 directed PJM Interconnection LLC not to move forward with its annual capacity auction scheduled for Aug. 14-28, recognizing the need to ensure certainty for market participants who make resource investment and retirement decisions. The agency has not yet rendered a decision on the grid operator’s proposal filed…
DetailsRepublican Governor Christopher Sununu vetoed legislation on July 24 that sought to revise the state’s renewable portfolio standards for solar to 5.4 percent by 2025. Currently, the state’s RPS requires 25.2 percent of power to come from renewables by 2025, with a solar carve-out of 0.7 percent by 2020. This is the second solar bill…
DetailsDuke Energy Renewables LLC on July 22 announced the purchase of its largest solar energy project, a 200-megawatt facility, which is being developed by 8minute Solar Energy in Texas. The solar farm, which is expected to be complete in the summer of 2020, will sell much of its output through a 12-year hedge agreement to…
DetailsThe South Dakota Public Utilities Commission on July 24 granted a permit allowing Triple H Wind Project LLC to construct a 250-megawatt wind energy facility in Hyde County at an estimated cost $300 million. Triple H Wind, a subsidiary of Engie North America Inc., has entered into two 30-year power purchase agreements to sell the…
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